Vice President Mike Pence vows no end to tariffs until China bows
Reuters
U.S. Vice President Mike Pence speaks during the APEC CEO Summit 2018 at Port Moresby, Papua New Guinea, 17 November 2018.
PORT MORESBY -- The United States will not back down from its trade dispute with China, and might even double its tariffs, unless Beijing bows to U.S. demands, Vice President Mike Pence said on Saturday.
In a bluntly worded speech at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Pence threw down the gauntlet to China on trade and security in the region.
“We have taken decisive action to address our imbalance with China,” Pence declared.
In a bluntly worded speech at an Asia Pacific Economic Co-operation (APEC) summit in Papua New Guinea, Pence threw down the gauntlet to China on trade and security in the region.
“We have taken decisive action to address our imbalance with China,” Pence declared.
“We put tariffs on $250 billion in Chinese goods, and we could more than double that number.”
“The United States, though, will not change course until China changes its ways.”
U.S. President Donald Trump, who is not attending the APEC meeting, is due to meet Chinese dictator Xi Jinping in Argentina.
President Trump has imposed tariffs on $250 billion worth of Chinese imports to force concessions on a list of demands that would change the terms of trade between the two countries.
“The United States, though, will not change course until China changes its ways.”
U.S. President Donald Trump, who is not attending the APEC meeting, is due to meet Chinese dictator Xi Jinping in Argentina.
President Trump has imposed tariffs on $250 billion worth of Chinese imports to force concessions on a list of demands that would change the terms of trade between the two countries.
China has responded with import tariffs on U.S. goods.
Washington is demanding Beijing improve market access and intellectual property protections for U.S. companies, cut industrial subsidies and slash a $375 billion trade gap.
There was no hint of compromise from Pence.
“China has taken advantage of the United States for many years. Those days are over,” he told delegates gathered on a cruise liner docked in Port Moresby’s Fairfax Harbour.
He also took aim at China’s territorial ambitions in the Pacific and, particularly, Xi’s Belt and Road Initiative to expand land and sea links between Asia, Africa and Europe with billions of dollars in infrastructure investment.
“We don’t offer constricting belts or a one-way road,” said Pence.
While not referring directly to Chinese claims over various disputed waters in the region, Pence said the United States would work to help protect maritime rights.
“We will continue to fly and sail where ever international law allows and our interests demand. Harassment will only strengthen our resolve.”
Washington is demanding Beijing improve market access and intellectual property protections for U.S. companies, cut industrial subsidies and slash a $375 billion trade gap.
There was no hint of compromise from Pence.
“China has taken advantage of the United States for many years. Those days are over,” he told delegates gathered on a cruise liner docked in Port Moresby’s Fairfax Harbour.
He also took aim at China’s territorial ambitions in the Pacific and, particularly, Xi’s Belt and Road Initiative to expand land and sea links between Asia, Africa and Europe with billions of dollars in infrastructure investment.
“We don’t offer constricting belts or a one-way road,” said Pence.
While not referring directly to Chinese claims over various disputed waters in the region, Pence said the United States would work to help protect maritime rights.
“We will continue to fly and sail where ever international law allows and our interests demand. Harassment will only strengthen our resolve.”
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